HMBAF (Humble Group AB) Cyclically Adjusted PB Ratio: 1.12 (As of Jul. 07, 2026) — 42% Below Median


HMBAF Humble Group AB HMBAF
73 GF Score
Price $0.71
GF Value $0.98
! 4 Warning Signs
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What is Humble Group AB Cyclically Adjusted PB Ratio?

Humble Group AB HMBAF 73 Cyclically Adjusted PB Ratio is 1.12 as of Jul. 07, 2026, which is 42% below its 10-year median of 1.92. GuruFocus rates HMBAF with a GF Score™ of 73/100 and a GF Value™ of $0.98. The stock has 4 warning signs investors should review. Among 1,442 Consumer Packaged Goods companies, Humble Group AB ranks better than 58.81% on this metric.

As of today (2026-07-07), Humble Group AB's current share price is $0.7145. Humble Group AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $0.64. Humble Group AB's Cyclically Adjusted PB Ratio for today is 1.12.

The historical rank and industry rank for Humble Group AB's Cyclically Adjusted PB Ratio or its related term are showing as below:

HMBAF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1   Med: 1.92   Max: 2.73
Current: 1

During the past years, Humble Group AB's highest Cyclically Adjusted PB Ratio was 2.73. The lowest was 1.00. And the median was 1.92.

HMBAF's Cyclically Adjusted PB Ratio is ranked better than
58.81% of 1442 companies
in the Consumer Packaged Goods industry
Industry Median: 1.255 vs HMBAF: 1.00

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Humble Group AB's adjusted book value per share data for the three months ended in Mar. 2026 was $1.191. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $0.64 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Humble Group AB  (OTCPK:HMBAF) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Humble Group AB Cyclically Adjusted PB Ratio Related Terms


Humble Group AB Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Humble Group AB's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Humble Group AB Cyclically Adjusted PB Ratio Chart

Humble Group AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 2.49 2.33 1.24

Humble Group AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.70 1.42 1.41 1.24 1.12

HMBAF vs KHC, GIS: Cyclically Adjusted PB Ratio Comparison

For the Packaged Foods subindustry, Humble Group AB's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Humble Group AB Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Humble Group AB's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Humble Group AB's Cyclically Adjusted PB Ratio falls into.


HMBAF
73GF Score
Humble Group AB HMBAF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Humble Group AB Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Humble Group AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.7145/0.64
=1.12

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Humble Group AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Humble Group AB's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=1.191/133.5600*133.5600
=1.191

Current CPI (Mar. 2026) = 133.5600.

Humble Group AB Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.194 101.019 0.256
201609 0.156 101.138 0.206
201612 0.088 102.022 0.115
201703 0.090 102.022 0.118
201706 0.067 102.752 0.087
201709 0.061 103.279 0.079
201712 0.056 103.793 0.072
201803 0.031 103.962 0.040
201806 0.025 104.875 0.032
201809 0.017 105.679 0.021
201812 0.037 105.912 0.047
201903 0.038 105.886 0.048
201906 0.044 106.742 0.055
201909 0.025 107.214 0.031
201912 0.022 107.766 0.027
202003 0.117 106.563 0.147
202006 0.135 107.498 0.168
202009 0.219 107.635 0.272
202012 0.308 108.296 0.380
202103 0.533 108.360 0.657
202106 0.803 108.928 0.985
202109 1.169 110.338 1.415
202112 1.386 112.486 1.646
202203 1.054 114.825 1.226
202206 1.075 118.384 1.213
202209 0.926 122.296 1.011
202212 1.291 126.365 1.365
202303 1.279 127.042 1.345
202306 1.089 129.407 1.124
202309 1.017 130.224 1.043
202312 1.070 131.912 1.083
202403 1.093 132.205 1.104
202406 1.086 132.716 1.093
202409 1.119 132.304 1.130
202412 1.056 132.987 1.061
202503 1.104 132.825 1.110
202506 1.178 133.699 1.177
202509 1.181 133.480 1.182
202512 1.170 133.390 1.171
202603 1.191 133.560 1.191

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PB Ratio of 1.12 mean?
Humble Group AB (HMBAF) has a Cyclically Adjusted PB Ratio of 1.12 as of Jul. 07, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Humble Group AB and its competitors. This is 42% below median its historical median of 1.92. Over the past decade, Humble Group AB's Cyclically Adjusted PB Ratio has ranged from 1.00 to 2.73. According to the industry distribution chart, Humble Group AB ranks #594 out of 1442 companies in the Consumer Packaged Goods industry, placing it in the top 41.2%.
Is Humble Group AB's Cyclically Adjusted PB Ratio too high?
Humble Group AB's current Cyclically Adjusted PB Ratio of 1.12 is 42% below median its 10-year median of 1.92. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 2.73. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.26. Humble Group AB's value of 1.12 is 10.8% below this industry median. Based on the distribution chart, Humble Group AB ranks #594 out of 1442 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Humble Group AB has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does Humble Group AB's Cyclically Adjusted PB Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Humble Group AB ranks #594 out of 1442 companies for Cyclically Adjusted PB Ratio. This puts Humble Group AB in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.26. Humble Group AB's value of 1.12 is 10.8% below this benchmark. Historically, Humble Group AB's own Cyclically Adjusted PB Ratio has ranged from 1.00 to 2.73 over the past decade. While the company's 10-year median is 1.92 vs. the industry median of 1.26, Humble Group AB has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Consumer Packaged Goods company?
The median Cyclically Adjusted PB Ratio among Consumer Packaged Goods companies is 1.26, based on 1,442 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Humble Group AB's current Cyclically Adjusted PB Ratio of 1.12 is 10.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Humble Group AB and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Humble Group AB's current Cyclically Adjusted PB Ratio is 1.12, which is 42% below median its own 10-year median of 1.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Humble Group AB stock overvalued right now?
Humble Group AB (HMBAF) has a current Cyclically Adjusted PB Ratio of 1.12. The stock's GF Value™ is $0.98, compared to a current price of $0.71 — trading 27.1% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.12, which is 42% below median its 10-year median of 1.92 and 10.8% below the Consumer Packaged Goods industry median of 1.26. Humble Group AB's overall GF Score™ is 73/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Humble Group AB (HMBAF), the current Cyclically Adjusted PB Ratio is 1.12 as of Jul. 07, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Humble Group AB (HMBAF) Overvalued in 2026?

Based on GuruFocus' analysis, Humble Group AB stock appears to be undervalued. The current stock price of $0.71 is trading 27.1% below its estimated GF Value™ of $0.98.

Key valuation signals for HMBAF:

  • Cyclically Adjusted PB Ratio: 1.12 (42% below median its 10-year median of 1.92)
  • GF Value™: $0.98 vs. price of $0.71 (27.1% below fair value)
  • GF Score™: 73/100 with 4 warning signs
  • Industry Position: 10.8% below the Consumer Packaged Goods median (#594 of 1442)

No single metric tells the full story. See the HMBAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Humble Group AB Business Description

Other Exchanges HUMBLE:Sweden
Address Ingmar Bergmans gata 2, Stockholm, SWE, 114 34
Humble Group AB operates as a fast-moving consumer goods (FMCG) group, developing, manufacturing, and distributing a range of consumer products. It oversees a portfolio of brands supported by a distribution network and production facilities. The company is structured into four business segments: Future Snacking, Sustainable Care, Quality Nutrition, and Nordic Distribution. The majority of revenue is derived from the Nordic Distribution segment, which comprises wholesale and distribution operations across the Nordic region.
73GF Score

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Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.71
Price
$0.98
GF Value